Property Sector Analysis

Cost inflation and permission timelines are largest barriers to housing, sector experts say

Some 300 industry experts were surveyed at the Housing Convention 2022 to discuss what the sector requires to meet building targets. This is how they responded

Ivan Gaine, chair, PII; Michael Walsh, partner and chair of property, ByrneWallace; Tanaiste Leo Varadkar; and Dermot O’Leary, chief economist, Goodbody, at the Housing Convention 2022 in the Alex Hotel in Dublin

In the week of an arguably vanilla Budget 2023 when it comes to addressing the current housing crisis, a survey of 300 key housing industry experts conducted by ByrneWallace, the Irish legal firm, in association with PII, at its recent Housing Convention 2022, has revealed that construction cost inflation alongside planning permission and judicial review timelines are deemed the two biggest challenges facing the sector.

Access to funding is also expected to be an ongoing ...